Quick Change oil with Gas great location

Columbia Heights, MN (Anoka County)

Front of store
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Asking Price: $395,000

Cash Flow: $69,681

Gross Revenue: $580,000

EBITDA: $82,400

FF&E: $25,000

Inventory: $8,000*

Real Estate: $350,000

Established: 1971

*not included in asking price.

Quick Change oil with Gas great location

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Business Description

Quick Change oil with Gas great location

Well established and profitable. This business has 44 yrs of loyal customers. Owner of many years retiring. 3 service bays on just under 1/2 Ac. Situated just one block off major interstate for great visibility with semaphore for easy access.
Currently shop just completes oil changes and light mechanical work but is large enough for any and all repairs. Open just 5 days a week from 6:00 AM -5:00 PM Mon-Fri so there is a huge upside for future growth. Set up your private showing today you be glad you did. Hurry !!!

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,740
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a turn key sale. Includes all of the equipment with the exception of personal tools of Mechanics. Store is very well equipped. 3 service bays and parking for approx 20 cars. Car counts are in excess of 25,000 per day through the semaphore. Incredible visibility.
Competition:
There are other service shops in the area however this one has a loyal customer following dating back 44 yrs. New owner with new enthusiasm and just by increasing hours just one day a week would make a significant improvement on sales. Current owner is ready to retire and operates on a Ad budget of less than 100.00 per year
Growth & Expansion:
The prospects for growth in this business at this location is very promising.
Support & Training:
Seller will assist buyer during the transition period.
Reason for Selling:
owner of many years retiring
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Business Location


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Bruce Fagan

Business Listed By:
Bruce Fagan

Generations Real Estate Group

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